After being submitted to the Standing Committee of the National People's Congress, China's top legislator, for a third review, the draft of e-commerce law has been released on the Ministry of Commerce on its website to solicit public opinions from June 29 to July 28.

Beijing has released a regulation on the management of public credit information, which stipulates that organizations or individuals' public credit information could be used as reference in government procurement, bidding, scientific and technological project applications for funding, personnel recruitment, professional title review as well as commendations and awards.

Xi Jinping, who was elected Chinese president and chairman of the Central Military Commission of the People's Republic of China, took an oath of allegiance to the Constitution in the Great Hall of the People in Beijing. This is the first time that a Chinese president has taken such an oath.

Premier Li Keqiang said in this year's Government Work Report that China's fiscal and tax reform has made major progress. The country has developed a system based mainly on the sharing of tax revenues among the central and local governments.

The National Office Against Pornography and Illegal Publications announced on its official micro blog that it has commenced a nationwide inspection and cleanup campaign against violent and pornographic cartoons, in order to ensure a clean and healthy cultural environment.

A new regulation on common salt came into effect on Jan 4, implementing supply-side structural reform in order to promote effective distribution of salt resources and increase the vitality of the salt market.